2016-05-20

Q1 2016 Earnings Scorecard, Wall Street's Tech Earnings Verdict

The chart below sums up Wall Street’s verdict on major tech companies' first quarter results:Source:Statista

The chart shows stock price changes on the day after the latest earnings reports by public technology companies. Publicly traded companies in the U.S. have certain obligations, chief among them is to keep shareholders informed about the state of their business by filing periodic reports with the SEC. These quarterly reports are often investors’ best information on how a company is doing, and therefore Wall Street’s reaction to these earnings releases is a good indicator of how content shareholders are with a company’s performance. For Q1 2016, the results are mixed. Both Amazon and Facebook saw share prices climb significantly on the day after they reported their results, Twitter and Netflix faced declines as a result of reporting disappointing numbers or offering weak guidance.
Below is the Editor's scorecard for stocks covered on theQ1 2016 DomainMondo.com Earnings Calendar, A-F grading scale, go to each link below for more info: